Legal claims defining the scope of protection, as filed with the USPTO.
1. A computer-implemented method for continuously updating mortgage ready data in a blockchain, comprising: receiving, by a processor, first information associated with a real estate property, the first information including an appraisal value of the real estate property; compiling, by the processor, a first block for storage on the blockchain, the first block including the appraisal value, wherein compiling the first block includes: computing a first hash value using a hash function, and associating the first hash value with the first block; receiving, by the processor, second information associated with the real estate property; determining, by the processor, an updated appraisal value for the real estate property based at least in part upon the second information; compiling, by the processor, a second block for storage on the blockchain, the second block including the updated appraisal value, wherein compiling the second block includes: computing a second hash value using the hash function, and associating the second hash value with the second block; determining, by the processor and based at least in part on the updated appraisal value, that the real estate property is mortgage ready; and based on determining that the real estate property is mortgage ready, compiling, by the processor, a third block in the blockchain to indicate that the real estate property is mortgage ready.
2. The computer-implemented method of claim 1, wherein the hash function includes a cryptographic hash function.
3. The computer-implemented method of claim 1, wherein the method further comprises: receiving, by the processor and at a pre-set time interval or in real time, updated information associated with the real estate property, wherein the second information comprises the updated information.
4. The computer-implemented method of claim 1, wherein the first information further includes one or more of real estate property list price, historical appraisal data, age of roof, age of siding, age of driveway, age of appliances, basement remodel data, square footage data, number of bathrooms and/or bedrooms, flood or water damage data, neighborhood crime score, proximity to public transportation, proximity to airport, proximity to major metropolitan area, proximity to recreation, school district data, fire or flood claims in neighborhood, building materials data for new construction, and/or repairs data.
5. The computer-implemented method of claim 1, further comprising: determining, by the processor, that the second information meets one or more threshold qualifications; and determining, by the processor and based at least in part on the second information meeting the one or more threshold qualifications, that the real estate property is mortgage ready, wherein the one or more threshold qualifications include at least one of having a title free of liens, having an absence of any insurance claim exceeding a predetermined threshold, or maintaining a status of the real estate property in one or more of a no flood zone, a no hurricane zone, or a no earthquake zone.
6. The computer-implemented method of claim 5, wherein compiling the third block includes computing a third hash value using a cryptographic hash function and associating the third hash value with the third block.
7. The computer-implemented method of claim 1, wherein the real estate property being mortgage ready is determined using a machine learning algorithm, wherein the machine learning algorithm includes at least one of a supervised machine learning algorithm or an unsupervised machine learning algorithm.
8. The computer-implemented method of claim 1, further comprising: transmitting, by the processor and via a network, information stored in the blockchain to a second blockchain.
9. A system for continuously updating mortgage ready data in a blockchain comprising: one or more processors; and a memory configured to store non-transitory computer executable instructions, that when executed by the one or more processors, cause the system to: receive, by the one or more processors, first information associated with a real estate property, the first information including an appraisal value of the real estate property; compile, by the one or more processors, a first block for storage on the blockchain, the first block including the appraisal value, wherein compiling the first block includes: computing a first hash value using a hash function, and associating the first hash value with the first block; receive, by the one or more processors, second information associated with the real estate property; determine, by the one or more processors, an updated appraisal value for the real estate property based at least in part upon the second information; recompile, by the one or more processors, the first block to include the updated appraisal value, wherein recompiling the first block includes: computing a second hash value using the hash function, and associating the second hash value with the first block; determine, by the one or more processors and based at least in part on the updated appraisal value, that the real estate property is mortgage ready; and based on determining that the real estate property is mortgage ready, compile, by the one or more processors, a third block in the blockchain to indicate that the real estate property is mortgage ready.
10. The system of claim 9, wherein the hash function includes a cryptographic hash function.
11. The system of claim 10, wherein the first information corresponding to the real estate property is updated in a pre-set time interval or in real-time.
12. The system of claim 10, wherein the non-transitory computer executable instructions, that when executed by the one or more processors, further cause the system to: determine, by the one or more processors, that the second information meets one or more threshold qualifications, wherein the one or more threshold qualifications include at least one of having a title free of liens, having an absence of any insurance claim exceeding a predetermined threshold, or maintaining a status of the real estate property in one or more of a no flood zone, a no hurricane zone, or a no earthquake zone.
13. The system of claim 12, wherein the non-transitory computer executable instructions, that when executed by the one or more processors, further cause the system to: compute a third hash value using the cryptographic hash function and associating the third hash value with the third block.
14. A non-transitory computer-readable memory storing thereon instructions for continuously updating mortgage ready data in a blockchain, that, when executed by one or more processors, cause the one or more processors to: receive first information associated with a real estate property, the first information including an appraisal value of the real estate property; compile a first block for storage on the blockchain, the first block including the appraisal value, wherein compiling the first block includes: computing a first hash value using a cryptographic hash function, and associating the first hash value with the first block; receive second information corresponding to the real estate property; determine an updated appraisal value for the real estate property based at least in part upon the second information; recompile the first block to include the updated appraisal value, wherein recompiling the first block includes: computing a second hash value using the cryptographic hash function, and associating the second hash value with the first block; determine, based at least in part on the updated appraisal value, that the real estate property is mortgage ready; and based on determining that the real estate property is mortgage ready, compile a third block in the blockchain to indicate that the real estate property is mortgage ready.
15. The non-transitory computer-readable memory of claim 14, wherein the first information corresponding to the real estate property is updated in a pre-set time interval or in real-time.
16. The non-transitory computer-readable memory of claim 14, wherein to update the first block to include the updated appraisal value, the one or more processors are further caused to: determine that the second information meets one or more threshold qualifications, and determine, based at least in part on the second information meeting the one or more threshold qualifications, that the real estate property is mortgage ready, wherein the one or more threshold qualifications include at least one of having a title free of liens, having an absence of any insurance claim exceeding a predetermined threshold, or maintaining a status of the real estate property in one or more of a no flood zone, a no hurricane zone, or a no earthquake zone.
17. The non-transitory computer-readable memory of claim 16, wherein the instructions, when executed by the one or more processors, further cause the one or more processors to: compute a third hash value using the cryptographic hash function and associating the third hash value with the third block.
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June 10, 2025
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